Hey there In today's video I talk about my recent drawdown and how I managed to get out of it and what you could learn from my experience. We also take a look at potential trade setups on NZDUSD and USDCAD, with a brief trade review on AUDUSD and EURUSD. So be sure to check out today's video because its filled with a bunch of fruitful tips and insights.
The Pound Sterling reverses its course against the US Dollar, after extending its gains past the 200-day moving average (DMA). However, data from the United States (US), showing that inflation could be picking up, as shown by the Employment Cost Index (ECI), bolstered the Greenback. Therefore, the GBP/USD trades at 1.2517 down by some 0.36%, after hitting a daily...
GBP/USD, I feel a resistance and it has made lower lows. I expect a very strong sell-off after the announcement.
Looking at all technicals and the dollar Index, this pair will definately drop about 3000points
The GBP/USD currency pair is showing signs of potential bullish momentum, with a targeted entry point identified at 1.25375. This level serves as a zone where buyers may look to initiate positions, capitalizing on anticipated upward movement in the exchange rate. Furthermore, technical analysis suggests a bullish trajectory for GBP/USD, with a projected target of...
Dear Traders, As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong...
GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.
My GBP/USD analysis: Monthly chart we are tanking however we are at a bullish orderblock(OB) Weekly look left and there's just a massive drop. Daily candle rejection at supply zone/respected the high. 4h a few changes of character to the downside(CHoCH) Currently in a few USD sells NZD/USD EUR/USD and now GBP/USD but with the upcoming news FOMC and NFP--kinda nervous
he can se change oh character so we sell with tarhet at low of main structure
R:R 3-0 Looks like a good trade to be honest, all is listed on the chart, executing is whats left.
GBPUSD also edged down on Thursday, but managed to stabilize around the 1.2515/1.2500 range. Bulls must strive to maintain prices above this support region to prevent sentiment towards the pound from deteriorating; otherwise, sellers could seize the opportunity to launch a bearish assault on 1.2430. On the other hand, if buyers make a new appearance and propel...
Hello Everyone, The GBPUSD is steadily improving over time. What we're currently awaiting is a secure position above the 1-year pivot point to confirm additional bullish momentum. TradeWithTheTrend3344
GBPUSD is technically moving to a downward price , expecting it to touch the yesterday's low at least as first TP.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
According to the behavior of the price in the current resistance range, the possible scenarios have been identified. It is expected that the upward trend will begin after crossing the 78.6% level.
GBPUSD is on a down-trend as sub-wave C of wave 2.at the moment its on a correction as minor-wave 2 of sub-wave C of wave 2
possible buys on gbp/usd i'm going long because the sells has taken out the whole sell stop liquidity zones.
four-hours downtrend and i look for short position using support and resistance on an 15 minutes time frame.